BCHBTC on the edge...

Waiting for confirmation on market direction. Broken the 0.5 fib from the last bearish impulse down from 0.24 to 0.01. Also broken the long term rising support from mid October. Both signs suggest a bearish outlook, and for now BTCUSD looks strong up to $12k+. Keep a close eye on the support at 0.1265 where we're at right now. If that breaks there's not much support down to 0.05.

Trade active:
The Bears have it, its going down. First target 0.112, then on to 0.05 before we see a reversal.